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IHS Markit: CEO of Leading Global Energy Infrastructure Operator, Snam: What the Current Supply Crunch Tells Us About Gas Markets; the Role of Gas in Energy Transition; and the Keys to Unlocking a Hydrogen Revolution

Marco Alverà speaks with IHS Markit Vice Chairman Daniel Yergin for a new edition of CERAWeek Conversations available at https://ondemand.ceraweek.com/cwc Current supply crunches and the longer-term
United States Saudi Arabia City Of United Kingdom Andrew Barrett Abdellah Merad

Saudi Aramco discards 'false and inaccurate' rumours on Bitcoin mining -

Saudi Arabia’s largest oil exporter has denied any involvement in Bitcoin mining, but it continues to invest in blockchain-related enterprises. Last year, the Saudi Arabian Oil Startup (Saudi Aramco) piqued crypto enthusiasts’ curiosity by investing $5 million in Vakt, a blockchain-based oil trading company. Saudi Aramco was rumoured to be mining Bitcoin (BTC) as part of this move, which was intended to digitise and speed post-trade processes. Saudi Arabia’s state oil business, on the oth...
Saudi Arabia Saudi Arabia General United Arab Emirates Saudi Arabian Ray Nasser Saudi Aramco

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Saudi Aramco investing 'significant amounts' in blockchain platforms to increase efficiency

RIYADH: Saudi oil giant Aramco is moving ahead with plans to become the world’s leading digitalized energy company by leveraging innovative technologies to improve efficiency, safety and sustainability, a company representative told Arab News. The company is using blockchain technology to standardize business processes to increase efficiency and reduce costs. Blockchain
Saudi Arabia Ar Riya World Economic Forum Blockchain World Economic Forum Arab News Data Gumbo

Another Oil Giant Joins The Blockchain Bandwagon – Investment Watch

As oil majors rally from last year’s dip in demand and price, most are looking for new technologies to ensure the safety of their future. Driving down costs and enhancing green practices is at the top of these companies’ priority list going into the next decade, and blockchain is offering them a way to do this.  The latest company to buy into blockchain technology is Norwegian firm Equinor. Equinor is 70 percent owned by the government, meaning oil production must go hand in hand with env...
United States Felicity Bradstock Anders Opedal Johan Sverdrup Exxon Mobil Corp Oil Gas Blockchain Consortium

Another Oil Giant Joins The Blockchain Bandwagon

Another Oil Giant Joins The Blockchain Bandwagon By Felicity Bradstock - Feb 03, 2021, 12:00 PM CST As oil majors rally from last year’s dip in demand and price, most are looking for new technologies to ensure the safety of their future. Driving down costs and enhancing green practices is at the top of these companies’ priority list going into the next decade, and blockchain is offering them a way to do this.  The latest company to buy into blockchain technology is Norwegian fir...
United States Felicity Bradstock Anders Opedal Johan Sverdrup Exxon Mobil Corp Oil Gas Blockchain Consortium

Agri-food market driving industrial blockchain success story

Agri-food market driving industrial blockchain success story Share on email Blockchain is in a slump, with almost half its 2018 market value wiped out in 2020. But the silver lining in that downfall has been the resiliency of industrial applications, not least in the agri-food market, which has dominated blockchain success stories. Analyst firm ABI Research said it expects industrial blockchain revenues to grow six-fold in the next five years, reaching $2.1 billion globally by 2025. “Supply c...
Michela Menting Data Gumbo Origin Trail தகவல்கள் கம்போ ஆரிஜிந் பாதை

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